More tech layoffs hit Seattle region as mobile marketplace OfferUp cuts 19% of workforce
Bellevue, Wash.-based mobile marketplace operator OfferUp is laying off about 19% of its staff, joining a growing list of tech companies slashing costs amid a shaky economy.
“We grew headcount rapidly over the past few years — at a rate that outpaced revenue growth,” OfferUp CEO Todd Dunlap wrote in an email to employees Tuesday.
OfferUp did not provide details on total headcount. The company has just shy of 500 employees listed on LinkedIn.
Nearly 800 tech companies have laid off workers in 2022, including many with a presence in the Pacific Northwest. Amazon is reportedly laying off 10,000 corporate and tech jobs; Seattle-area startups such as Convoy and Flyhomes also recently announced cuts.
https://www.msn.com/en-us/money/careersandeducation/more-tech-layoffs-hit-seattle-region-as-mobile-marketplace-offerup-cuts-19-of-workforce/ar-AA1492Ba